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  • Government Accountability, Taxes and Economy

Jefferson Journal: Governor’s Corporate Tax Cut Will Have Little Impact

Commentary By

Stephen D. Haner

Steve Haner is the Senior Fellow for Energy and the Environment at the Jefferson Forum and may be reached at Steve@thomasjeffersoninst.org

Stephen D. Haner

Steve Haner is the Senior Fellow for Energy and the Environment at the Jefferson Forum and may be reached at Steve@thomasjeffersoninst.org

Stephen D. Haner

Steve Haner is the Senior Fellow for Energy and the Environment at the Jefferson Forum and may be reached at Steve@thomasjeffersoninst.org

Commentary By

Mike Thompson

Governor McAuliffe has proposed a quarter of one percent cut in the corporate income tax rate (from 6 perent to 5.75 percent). This puny tax cut will have a minimal impact on economic growth. Indeed, it will only create 280 new jobs in five years.

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